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CME Markets Mixed Monday


At the Chicago Mercantile Exchange Monday dairy prices were mixed. July Class Three milk was down $.02 at $14.12.   August was down $.08 at $14.94. September was down $.02 to $15.62.  October was up $.07 to $16.20. The milk futures from November through next June ranged from one cent lower to thirteen cents higher. In the end, the average price for the period of August through December finished at$15.80, up 4 cents the average was able to add another penny to its price it now stands at $16.06. Class IV markets saw little activity they finished on change with the balance of the year averaging $14.96 and the 2019 average still holding $16.19 per cwt.

Grade AA Butter was up $.0025 at $2.2650 per pound.  Three carloads sold from $2.2525 to $2.2625. After one day of barrels and blocks selling for the same price, barrels were down $.1150 at $1.4050 per pound.  Five carloads sold from $1.42 to $1.49.  Forty-pound blocks were unchanged at $1.52 per pound.  No sales were recorded. Nonfat dry milk was down $.0025 at $.8150 per pound.  One carload sold at that price. Dry whey was unchanged at $.4250 cents per pound.  No sales were recorded.


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